Management of Economic Sustainability of Logistics Enterprises

The conceptual provisions of the importance of establishing management of economic sustainability of logistics enterprises are substantiated. The sequence of formation of a set of strategic priorities of the logistics enterprise to strengthen economic sustainability in a competitive environment is d...

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Bibliographic Details
Main Author: Panchenko Volodymyr A.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2022-09-01
Series:Bìznes Inform
Subjects:
Online Access:https://www.business-inform.net/export_pdf/business-inform-2022-9_0-pages-60_66.pdf
Description
Summary:The conceptual provisions of the importance of establishing management of economic sustainability of logistics enterprises are substantiated. The sequence of formation of a set of strategic priorities of the logistics enterprise to strengthen economic sustainability in a competitive environment is defined, providing for: conducting and generalizing the results of internal analysis of the state and dynamics of enterprise development, also the analysis of factors of the external competitive environment; formation of conceptual principles of the strategy for ensuring economic sustainability; development of strategic goals of the economic sustainability management system; development and implementation of tactical measures to strengthen economic sustainability. The characterizations of the main elements of the strategy for managing the economic sustainability of logistics enterprises are presented, i. e.: purpose; principles, goals, measures, subjects. It is determined that the main goal of managing the economic sustainability of logistics enterprises is to create conditions for safe functioning, with proper indicators of effectiveness and of the sustainable development ensured. Because its achieving depends on the ability to adhere to the principles of consistency, flexibility, continuity, complexity, balance, multivariateness, adaptation to changes in the external competitive environment. The main goals of managing the economic sustainability of logistics enterprises are associated with an increase in the provision of logistics services, ensuring an acceptable level of economic sustainability reserve, forming an insurance and reserve fund, implementing investments, and strengthening innovation. It is proposed to include in the measures of the economic sustainability management system of logistics enterprises the following: improving the quality and increasing the level of competitiveness of logistics services; continuous planning and monitoring of financial results; continuous planning and monitoring of economic sustainability indicators; planning, projecting, and gradual replacing of economic capacities; initiating the practice of cooperation with educational and research institutions.
ISSN:2222-4459
2311-116X